Corporations Amendment (Emissions Reduction Fund Participants) Regulation 2015

Link to law: https://www.comlaw.gov.au/Details/F2015L00287

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Corporations Amendment (Emissions Reduction Fund Participants) Regulation 2015
 
Select Legislative Instrument No. 24, 2015
I, General the Honourable Sir Peter Cosgrove AK MC (Ret’d), Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulation.
Dated   12 March 2015
Peter Cosgrove
Governor‑General
By His Excellency’s Command
Josh Frydenberg
Assistant Treasurer
  
  
Contents
1............ Name................................................................................................... 1
2............ Commencement................................................................................... 1
3............ Authority............................................................................................. 1
4............ Schedules............................................................................................ 1
Schedule 1—Amendments                                                                                                2
Corporations Regulations 2001                                                                               2
 
1  Name
                   This is the Corporations Amendment (Emissions Reduction Fund Participants) Regulation 2015.
2  Commencement
                   This instrument commences on the day after it is registered.
3  Authority
                   This instrument is made under the Corporations Act 2001.
4  Schedules
                   Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.
Schedule 1—Amendments
  
Corporations Regulations 2001
1  Subregulation 1.0.02(1)
Insert:
carbon abatement contract has the same meaning as in the Carbon Credits (Carbon Farming Initiative) Act 2011.
2  At the end of subregulation 7.1.04(8)
Add:
                   ; (c)  a carbon abatement contract.
Note:          For carbon abatement contract, see subregulation 1.0.02(1).
3  After regulation 7.1.07I
Insert:
7.1.07J  Specific things that are not financial products—carbon abatement
                   For paragraph 765A(1)(y) of the Act, a carbon abatement contract is declared not to be a financial product.
Note:          For carbon abatement contract, see subregulation 1.0.02(1).